If a company builds assets at 7.2% a year, faster than its revenue growth rate of 6.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, PTT Oil and Retail Business PCL's average Total Assets Growth Rate was 3.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 10.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 7.20% per year.
During the past 6 years, PTT Oil and Retail Business PCL's highest 3-Year average Total Assets Growth Rate was 13.90%. The lowest was 1.80%. And the median was 10.10%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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PTT Oil and Retail Business PCL Total Assets Chart
PTT Oil and Retail Business PCL Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PTT Oil and Retail Business PCL (FRA:7F8) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
PTT Oil and Retail Business PCL's Asset Turnover for the quarter that ended in Mar. 2024 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
PTT Oil and Retail Business PCL Total Assets Related Terms
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PTT Oil and Retail Business PCL (FRA:7F8) Business Description
PTT Oil and Retail Business PCL operate in the oil and gas refining and marketing sector. The company is engaged in the distribution of petroleum products and retailing of non-oil products and services in both domestic and international markets. Its segments include Mobility Business; Lifestyle Business and Global Business. The firm invests in companies that are engaged in the management of retail fuel service stations, convenience stores, and space management in retail fuel service stations.
PTT Oil and Retail Business PCL (FRA:7F8) Headlines
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